Material Creditors

As per the Materiality Policy, a creditor of our Company, shall be considered to be material (“Material
Creditors”) for the purpose of disclosure in this Draft Red Herring Prospectus, if amounts due to such
creditor by our Company is equal to, or in excess of, 5% of the trade payables of our Company as at the end of the latest period in the Restated Summary Statements (i.e., as at June 30, 2021).

Accordingly, a creditor has been considered ‘material’ by our Company if the amount due to such creditor exceeds ₹ 43.41 million as on June 30, 2021. As of June 30, 2021, outstanding dues to Material Creditors were as follows: